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KeyCorp put volume heavy and directionally bearish

KeyCorp put volume heavy and directionally bearish

Bearish flow noted in KeyCorp (KEY) with 11,491 puts trading, or 7x expected. Most active are Jan-26 10 puts and Jan-26 17 puts, with total volume in those strikes near 11,200 contracts. The Put/Call Ratio is 5.98, while ATM IV is up over 1 point on the day. Earnings are expected on April 17th.

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